Property profile

5900 Timber Crk Ln Raleigh, NC 27612

OFF-MARKET
Garden apartment buildings
Property ID
US53-0856205
11,984 SF 17 ac lot Built 1984
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1984
Construction FRAME
Total area 11,984 SF
Lot 17 ac (740,520 SF)
Zoning code R-10
APN 0786.08-98-7426 0079621
UPID US53-0856205

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Apartment Complex Apartment Building
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Advertising Agency Marketing & Advertising

Location

5900 Timber Crk Ln Raleigh, NC 27612-6205
Raleigh metro Census 52506 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$880k

Owner & transaction history

since 2019
4 recorded transactions
2019
$12.9M
2019
Price N/A
2015
$13.3M
2006
$7.6M

Zoning & alternative use

R-10 · Raleigh, NC
Zoning description

R-10. F. Density, Lot Area per Dwelling Unit, and Site Area per Dwelling Unit Residential density, where applicable, is expressed in units per acre and is calculated by dividing the total number of dwelling units by the…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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